CBRE Arranges Sale of Minnesota MF to Sentinel Management Co.

CBRE has arranged the sale of Berkshire Central, a 191-unit multifamily property in Blaine, Minnesota. Sentinel Management Company purchased the property from BMIRF CENTRAL, LLC, for an undisclosed amount.

CBRE’s Keith Collins, Ted Abramson and Abe Appert represented the seller in the transaction. “Berkshire Central has had very durable cash flow since it initially opened,” said Abramson. “The proximity to job drivers along the 694 corridor has always been a draw to the Blaine market.”

Berkshire Central is located at 9436 Ulysses Ave. NE, near highways 65 and 10 and 11 miles north of Minneapolis. Built in 2017, the property features a range of studio-, one- and two-bedroom floor plans averaging 889 square feet.  

Community and amenities include 384 underground and surface-level parking stalls, in-unit washers and dryers, and custom vinyl plank flooring. The property also features a lounge, a communal kitchen, a garden, a fitness center, a yoga studio and a pool plaza.

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